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Payments API Company Finix Raises $75 Million as Series B Expands

Continuing what's turning out to be a bit of a trend this year, another FinTech has just announced the expansion of its latest funding round. Earlier this week, Finix revealed that it had added another $30 million to its Series B. The newly-raised money brings the round's total to $75...

Celsius Network Announces 6.2% APY Earnings on Bitcoin Holdings

Ever since cryptocurrencies have crept into the mainstream, startups have been finding unique ways to leverage these assets and make them attractive to customers. In 2018, Celsius Network did just that with their HODL & Earn program, which manages more than $1 billion in crypto assets today. Now, Celsius customers...

Cross River Bank Reaches Settlement with Colorado Regarding FinTech Partnerships

As regular FinTech sector watchers can tell you, there are a handful of company names that tend to come up again and again when new initiatives and partnerships are announced. Cross River Bank is certainly in this category as the institution is a frequent partner for startups. Now, thanks to...

Robinhood Raises Another $200 Million Amid Rapid Growth

Even as the coronavirus pandemic continues to batter the United States economy at large, the stock markets have largely managed to recover. In fact, the S&P 500 reached a record high this week, likely rewarding users who bought during this year's lows. Among these "winners" are users of the free...

Betterment, SoFi, and Others Form FinTech Equality Coalition

Over the past few months, conversations about race and equality have permeated throughout the nation. Now, in an effort to bring these issues to light in the financial technologies community and seek reform, several startups have signed-up to form the FinTech Equality Coalition. The Coalition is being spearheaded by the...

Cash Back App Dosh Expanding "Powered by Dosh" Platform

When it comes to FinTech, there are a few different models that startups can follow. Among them is the idea that the company can launch its own platform as proof of concept before offering the backend a la carte for integration with other businesses. Take, for example, online lender OnDeck...

Cryptocurrency Exchange IDEX Announces $2.5 Million Seed Round

Just as the FinTech market has been ripe for investment even throughout the pandemic, cryptocurrency-centric startups have also gotten a fair share of attention. Among some recent fundraising efforts are DeFi's $1 million seed round, Chainalysis' $49 million Series B, and the more than $15 million in investments that Celsius...

Sequoia Found to Be Most Active FinTech VC of the Past Year

When it comes to investments in FinTech, a few investment firms tend to come up again and again. But which venture capital group has participated in the most funding rounds as of late? According to CB Insights' latest State of FinTech report, it's Sequoia Capital that's been the most active...